Ripple Looks Like a Good Opportunity with Breakout Incoming.
1531
______________________________________________________________________________ Hello my friends and good weekend everybody! Let's have a look at ripple. We are watching the 4-hour chart. ______________________________________________________________________________ Ripple is trading overall in a wedge structure with good support between 0.2165 and 0.22 A possible long opportunity is given when the breakout occurred definitely.
Trade can be placed aggressively with entry at 0.2165 to 0.22 or moderate after waiting on the confirmation.
Target will between 0.243 and 0.247, good profit opportunity overall. I will look for an entry when the wedge confirmed. ______________________________________________________________________________ Have a nice weekend everybody! Feel free to support for more market insight. ______________________________________________________________________________
Trade active
Note
Confirmed support
Note
Good! We are reaching the targeted zone.
Note
Upper resistance reached
The trailing stop-loss order is at 0.2305 XRP/USD.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.